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Listed by Brian Merrion Brian A. Merrion, Broker
$ 998,000
Est. payment /mo
Active
421 D ST Marysville, CA 95901
12,196 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,196 sqft
Price per Sqft $81
MLS Listing ID 225000387
HOA Y/N No
Year Built 1935
Lot Size 6,861 Sqft
Acres 0.1575
Property Sub-Type Mixed Use
Property Description
Prime Investment Opportunity in Downtown Marysville The Ultimate Investment: With all eight residential units and three commercial spaces fully occupied, this property promises immediate returns on your investment. Enjoy the peace of mind that comes with a stable and reliable income stream generated by a diverse tenant base. Residential Bliss: Discover urban living at its finest within the eight residential units offered by this property. Each unit provides a comfortable and modern living space, ensuring tenant satisfaction and long-term occupancy. Commercial Appeal: With three thriving commercial spaces, this property offers a dynamic opportunity for entrepreneurial ventures. Benefit from the bustling foot traffic of downtown Marysville and capitalize on the prime location to attract customers and clients alike. Whether it's retail, dining, or professional services, the possibilities are endless. Solid Financial Performance: Boasting a gross rent of $10,400 and a Net Operating Income (NOI) of $84,000 annually, this property stands as a testament to its exceptional financial performance. With a proven track record of success, it presents a compelling opportunity for investors seeking reliable income and long-term growth. Contact us today to learn more about this exceptional
Location
State CA
County Yuba
Area 12502
Zoning c-2
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Fireplace No
Exterior
Utilities Available Other
Roof Type See Remarks
Building
Lot Description Strip Center, Shopping Nearby
Sewer Public Sewer
Water Other
New Construction No
Others
Tax ID 010241017000
Acceptable Financing See Remarks
Listing Terms See Remarks
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